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For the pair of supply-and-demand equations, where x represents the quantity demanded in units of 1000 and p is the unit price in dollars, find
For the pair of supply-and-demand equations, wherexrepresents the quantity demanded in units of 1000 andpis the unit price in dollars, find the equilibrium quantity and the equilibrium price.
p=0.3x+9andp=0.25x+3.5
equilibrium quantity=
equilibrium price=
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